starting a business

The diary of a Biznessvirgin – Real life entrepreneurship

August 25, 2016

I cannot ignore my many mistakes in business and though i am not so proud of some of them , i own them,i embrace them and i choose to build my success story around them.As a matter of decision, i take more interest in mistakes people made before becoming successful in business,therein lies substance for […]

Read More

How to choose a business name

July 28, 2016

While some entrepreneurs are lucky enough to choose the right names for their businesses on instinct and impulse ,many have suffered great losses and lost great opportunities from having the wrong name.Today’s business space is crowded ,it is therefore important that entrepreneurs take conscious decisions that set apart their businesses apart in the market place […]

Read More

Important tips for product packaging

June 20, 2016

photo credit: www.buzzfeed.com It is very important that startup companies get their product packaging right, good product packaging is able to boost the brand power of a product and poor packaging can as well have a negative dramatic effect . Entrepreneurs need to consciously and strategically invest time ,energy and resources on developing product that […]

Read More

Identifying opportunities and setting standards in business,Learn from Tara Fela Durotoye….

June 20, 2016

photo credit: www.brandarena.blogspot.com Tara Fela Durotoye started her business about 19 years ago as an undergraduate in Nigeria. Today,her small make up business has grown into a franchise enterprise across Nigeria and West Africa. Tara worked for a make up outfit just before gaining admission into the university to study Law, she has since then […]

Read More

Annual programmes for entrepreneurs in Nigeria

June 15, 2016

photo credit : www.socialappshq.com Here is a list of annual programmes entrepreneurs in Nigeria can benefit from 1) Diamond Bank Building Entrepreneurs Today (BET) programme is a Diamond Bank initiative .It is done in partnership with Pan Atlantic University Nigeria . The aim of this programme is to train and nurture micro,small and medium scale […]

Read More

Understand basic business terms (3)- book keeping

June 7, 2016

The aim of every business is to make profit, Accounting is therefore the soul of every business.Though it can be very difficult to handle accounting in your business, it is however important to tidy your business accounts regularly and understand the basic terms and elements of accounting within your business even if it is being […]

Read More

Start up arena…. Character Lessons in business ,Learn from Aliko Dangote

June 7, 2016

photo credit : www.guardian.ng Aliko Dangote is the founder and Chief Executive Officer of Dangote group, a multi trillion Naira conglomerate.  He is ranked by Forbes as the richest man in Africa and the 67th richest in the world. He started his business as a small trading company in 1978 at age 21 . Today, […]

Read More

Partnerships in business (3) – habits to practise in partnership

June 1, 2016

photo credit : www.ask.com 4 Habits to practise in partnership 1) Effective Communication  with partner(s) 2) Proper documentation of business activities 3) Involvement in business 4)Proper book keeping and tax declaration within business to read partnership in business (1) and (2) use the links below –  https://biznessvirgins.blogspot.com.ng/2016/06/partnerships-in-business-1.html–  https://biznessvirgins.blogspot.com.ng/2016/06/partnerships-in-business-2-what-to-look.html

Read More

Partnerships in business (2) – What to consider when going into a business partnership

June 1, 2016

photo credit: www.ask.com Below are a few things to consider when going into business partnerships 1)it is important to do a proper background check on your intended partner, it does not have to be exactly formal but it should be thorough. 2) Approach to business: it will be good to know how your partner(s) might […]

Read More

Partnerships in business (1)

June 1, 2016

photo credit: www.ask.com According to US small business administration; a partnership is a single business where two or more people share ownership. There are 2 basic forms of partnership in business 1) General partnership- in this form of partnership,each partner involved is liable for any debt incurred in the course of the business. 2) Limited […]

Read More